Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.0B | 910.0M | 804.0M | 669.0M | 508.0M | 495.0M | 436.0M | 321.0M | 258.0M |
| Revenue Growth % | 11.4% | 13.2% | 20.2% | 31.7% | 2.6% | 13.5% | 35.8% | 24.4% | -- |
| Total Revenue | 1.0B | 910.0M | 804.0M | 669.0M | 508.0M | 495.0M | 436.0M | 321.0M | 258.0M |
| Cost Of Revenue | 697.0M | 650.0M | 546.0M | 475.0M | 378.0M | 356.0M | 321.0M | 244.0M | 191.0M |
| Gross Profit | 317.0M | 260.0M | 258.0M | 194.0M | 130.0M | 139.0M | 115.0M | 77.0M | 67.0M |
| Gross Margin % | 31.3% | 28.6% | 32.1% | 29.0% | 25.6% | 28.1% | 26.4% | 24.0% | 26.0% |
| Total Operating Cost | 831.0M | 760.0M | 653.0M | 555.0M | 431.0M | 414.0M | 374.0M | 288.0M | 223.0M |
| Selling Expenses | 31.9M | 25.0M | 26.4M | 29.5M | 15.7M | 20.5M | 17.2M | 12.7M | 11.6M |
| Admin Expenses | 43.5M | 45.2M | 47.3M | 20.9M | 18.6M | 17.4M | 12.7M | 14.1M | 10.3M |
| Rd Expenses | 49.5M | 40.6M | 30.8M | 25.3M | 19.1M | 19.6M | 15.7M | 10.6M | 9.0M |
| Finance Expenses | -5.7M | -6.2M | -5.2M | -4.3M | -4.9M | -1.9M | -599,800 | -213,500 | 1.1M |
| Operating Income | 220.0M | 178.0M | 164.0M | 122.0M | 82.1M | 83.6M | 64.4M | 34.1M | 35.2M |
| Operating Margin % | 21.7% | 19.6% | 20.4% | 18.2% | 16.2% | 16.9% | 14.8% | 10.6% | 13.6% |
| Non Operating Income | 3,100 | 100,700 | 40.00 | 22,500 | 9.3M | 2.0M | 8,200 | 613,000 | 413,300 |
| Non Operating Expenses | 496,900 | 804,100 | 155,400 | 220,600 | 349,300 | 80,500 | 68,400 | 3,100 | 591,600 |
| Investment Income | 6.0M | 4.8M | 4.8M | 7.9M | 636,500 | 430,700 | 1.1M | 288,400 | -- |
| Fair Value Change Income | 8,200 | 1.3M | -1.8M | -960,700 | 1.5M | -- | -- | -- | -- |
| Asset Disposal Income | -- | -- | -- | -- | -16,500 | -- | 11,500 | -90,500 | -- |
| Asset Impairment Loss | 3.9M | 1.4M | 1.8M | 441,600 | -775,500 | 460,400 | 3.8M | 4.8M | -1.5M |
| Other Income | 30.1M | 21.6M | 9.4M | 1.6M | 3.0M | 1.9M | 912,300 | 640,600 | -- |
| Income Before Tax | 219.0M | 177.0M | 163.0M | 122.0M | 91.0M | 85.6M | 64.3M | 34.7M | 35.0M |
| Income Tax | 30.4M | 23.5M | 23.7M | 15.7M | 12.1M | 11.4M | 8.7M | 5.3M | 5.2M |
| Net Income | 189.0M | 154.0M | 140.0M | 106.0M | 78.9M | 74.2M | 55.6M | 29.4M | 29.8M |
| Net Margin % | 18.6% | 16.9% | 17.4% | 15.8% | 15.5% | 15.0% | 12.8% | 9.2% | 11.5% |
| Net Income Attributable | 193.0M | 154.0M | 140.0M | 106.0M | 78.9M | 74.2M | 55.6M | 29.4M | 29.8M |
| Minority Interest | -4.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.99 | 0.80 | 0.73 | 0.55 | 0.59 | 0.74 | 0.56 | 0.29 | 0.36 |
| Eps Diluted | 0.99 | 0.79 | 0.73 | 0.55 | 0.59 | 0.74 | 0.56 | 0.29 | 0.36 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 688.0M | 540.0M | 398.0M | 228.0M | 285.0M | 237.0M | 156.0M | 89.1M | 53.7M |
| Trading Financial Assets | 30.0M | 50.0M | 68.7M | 161.0M | 217.0M | -- | -- | -- | -- |
| Accounts Receivable | 295.0M | 299.0M | 280.0M | 289.0M | 210.0M | 223.0M | 244.0M | 181.0M | 140.0M |
| Notes Receivable | -- | 1.3M | 7.8M | 9.1M | 19.7M | 14.2M | 30.0M | 1.8M | -- |
| Notes And Accounts Receivable | 295.0M | 300.0M | 287.0M | 298.0M | 229.0M | 237.0M | 274.0M | 182.0M | 140.0M |
| Prepayments | 5.8M | 8.3M | 7.2M | 30.2M | 41.3M | 35.5M | 50,500 | 1.2M | 1.5M |
| Inventory | 80.7M | 52.4M | 85.2M | 59.8M | 67.7M | 41.3M | 25.5M | 33.5M | 40.6M |
| Total Current Assets | 1.2B | 1.0B | 895.0M | 842.0M | 888.0M | 568.0M | 468.0M | 318.0M | 244.0M |
| Long Term Equity Investment | 3.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 242.0M | 244.0M | 25.7M | 23.0M | 22.6M | 23.3M | 24.5M | -- |
| Fixed Assets Total | 226.0M | 242.0M | 244.0M | 25.7M | 23.0M | 22.6M | 23.3M | 24.5M | 19.2M |
| Construction In Progress | -- | -- | 2.3M | 116.0M | 53.6M | -- | -- | -- | -- |
| Construction In Progress Total | 390,400 | -- | 2.3M | 116.0M | 53.6M | -- | -- | -- | -- |
| Intangible Assets | 25.6M | 26.4M | 26.8M | 25.7M | 26.4M | 27.0M | 27.6M | 28.2M | 2.6M |
| Long Term Deferred Expenses | 57,100 | 74,300 | -- | -- | 2.0M | 3.1M | -- | -- | -- |
| Total Non Current Assets | 438.0M | 289.0M | 297.0M | 190.0M | 109.0M | 56.0M | 54.7M | 55.5M | 23.9M |
| Total Assets | 1.6B | 1.3B | 1.2B | 1.0B | 996.0M | 624.0M | 522.0M | 373.0M | 268.0M |
| Accounts Payable | 301.0M | 244.0M | 200.0M | 186.0M | 134.0M | 106.0M | 159.0M | 142.0M | 117.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 6,000 | -- | -- | 935,700 |
| Contract Liabilities | 4.4M | 2.3M | 1.4M | 5.6M | 284,900 | -- | -- | -- | -- |
| Total Current Liabilities | 494.0M | 367.0M | 337.0M | 304.0M | 350.0M | 338.0M | 310.0M | 209.0M | 136.0M |
| Total Non Current Liabilities | 13.3M | 8.0M | 6.7M | 3.4M | 2.3M | 1.0M | 1.2M | 912,500 | 274,200 |
| Total Liabilities | 507.0M | 375.0M | 344.0M | 308.0M | 353.0M | 339.0M | 312.0M | 210.0M | 136.0M |
| Paid In Capital | 195.0M | 194.0M | 193.0M | 160.0M | 133.0M | 100.0M | 100.0M | 100.0M | 60.0M |
| Capital Reserve | 274.0M | 264.0M | 248.0M | 249.0M | 275.0M | 28.2M | 28.2M | 26.4M | 64.3M |
| Surplus Reserve | 83.1M | 64.4M | 48.7M | 35.2M | 24.7M | 17.0M | 9.8M | 4.5M | 1.5M |
| Retained Earnings | 516.0M | 400.0M | 358.0M | 280.0M | 211.0M | 140.0M | 72.8M | 32.5M | 6.3M |
| Minority Equity | 42.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 923.0M | 848.0M | 724.0M | 644.0M | 285.0M | 211.0M | 163.0M | 132.0M |
| Total Equity | 1.1B | 923.0M | 848.0M | 724.0M | 644.0M | 285.0M | 211.0M | 163.0M | 132.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.0B | 901.0M | 857.0M | 606.0M | 535.0M | 519.0M | 376.0M | 323.0M | 250.0M |
| Tax Refunds Received | 25.2M | 15.6M | 8.1M | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.1B | 1.0B | 920.0M | 683.0M | 556.0M | 533.0M | 384.0M | 330.0M | 318.0M |
| Cash Paid For Goods | 561.0M | 503.0M | 499.0M | 505.0M | 437.0M | 329.0M | 209.0M | 184.0M | 171.0M |
| Cash Paid To Employees | 73.1M | 56.6M | 58.0M | 47.1M | 41.9M | 38.1M | 29.5M | 24.6M | 21.0M |
| Taxes Paid | 77.5M | 79.7M | 41.0M | 41.2M | 27.7M | 33.3M | 35.5M | 23.4M | 15.0M |
| Total Operating Cash Outflow | 839.0M | 750.0M | 702.0M | 673.0M | 535.0M | 443.0M | 304.0M | 261.0M | 295.0M |
| Operating Cash Flow | 309.0M | 253.0M | 218.0M | 10.4M | 21.2M | 89.9M | 79.4M | 69.1M | 22.5M |
| Total Investing Cash Inflow | 695.0M | 659.0M | 413.0M | 706.0M | 195.0M | 90.4M | 146.0M | 63.3M | -- |
| Total Investing Cash Outflow | 852.0M | 670.0M | 424.0M | 725.0M | 450.0M | 95.9M | 148.0M | 103.0M | 1.8M |
| Investing Cash Flow | -157.0M | -10.1M | -11.4M | -19.2M | -255.0M | -5.5M | -1.7M | -39.3M | -1.8M |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | 40.2M | 500,000 | 38.7M |
| Dividends And Interest Paid | 58.3M | 96.6M | 48.0M | 26.7M | -- | -- | 10.1M | 48,000 | 1.1M |
| Debt Repayments | -- | -- | -- | -- | -- | -- | 40.2M | 500,000 | 53.2M |
| Total Financing Cash Inflow | 54.5M | 8.3M | 10.3M | -- | 400.0M | 51.7M | 67.1M | 33.4M | 118.0M |
| Total Financing Cash Outflow | 60.8M | 99.5M | 50.3M | 27.9M | 114.0M | 68.3M | 97.9M | 36.5M | 105.0M |
| Financing Cash Flow | -6.3M | -91.1M | -40.0M | -27.9M | 286.0M | -16.6M | -30.8M | -3.1M | 13.5M |
| Net Change In Cash | 147.0M | 151.0M | 168.0M | -36.7M | 52.4M | 67.8M | 46.8M | 26.7M | 34.3M |
| Ending Cash Balance | 664.0M | 517.0M | 366.0M | 198.0M | 235.0M | 183.0M | 115.0M | 67.9M | 41.2M |
| Capex | 68.0M | 29.2M | 104.0M | 78.0M | 44.8M | 5.9M | 2.8M | 34.9M | 1.8M |